Baird Maintains Outperform on Synopsys, Raises Price Target to $505
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Joe Vruwink has maintained an Outperform rating on Synopsys (NASDAQ:SNPS) and raised the price target from $491 to $505.
August 17, 2023 | 11:08 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Baird analyst has maintained an Outperform rating on Synopsys and raised the price target, which could lead to a positive market reaction.
The Outperform rating maintained by Baird indicates a positive outlook for Synopsys. The increase in the price target from $491 to $505 suggests that the analyst sees further upside potential for the stock, which could lead to a positive market reaction in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100